USDJPY – DownDaily chart: active trend ADX indicates readiness of the price to grow and break through the top envelope (resistance 107.07) Н4: here, as we see, to ADX is not ready for a break through, so the price may be traded within 105.04-106.49. But selling against the day pressure is not recommended. Н1: a better shaped flat corridor 105.72-106.49 The main scenario – flat 105.72-106.49 The alternative scenario – surge to 107.50 Solutions: look for the upward entry points to 105.72
You may check other analytical reviews on the web-site of FreshForex company. Source: freshforex.com.
You may check other analytical reviews on the web-site of FreshForex company. Source: freshforex.com.
